In 2026, Ireland has seen a steady increase in cybersecurity insurance uptake, with 45,000 policies issued. The average premium of €1,200 reflects growing awareness and the rising costs associated with cyber threats. Despite the digital growth, Irish organizations continue to face approximately 3,200 breaches annually, emphasizing the importance of robust cybersecurity measures and insurance coverage to mitigate financial risks.
The average financial impact per breach stands at €50,000, underscoring the importance of proactive cybersecurity strategies. About 65% of Irish businesses now hold cybersecurity insurance, a significant rise from previous years, indicating a shift towards risk management and preparedness. As cyber threats evolve, Irish insurers are adapting policies to better protect digital assets and ensure resilience in the face of increasing cyberattacks.